Discontinued — last reported Q4 '24
Texas — Interest expense:
Lennar Texas — Interest expense: remained flat by 0.0% to $3.49M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 53.1%, from $7.44M to $3.49M. Over 3 years (FY 2021 to FY 2024), Texas — Interest expense: shows a downward trend with a -21.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A decrease suggests improved debt management or reduced reliance on external financing for regional projects, while an increase may indicate higher leverage or rising borrowing costs.
Detailed definition
This metric measures the cost of debt financing directly attributable to the operations of a specific geographic segment...
Peer comparison
Similar to regional interest expense allocations found in the segment reporting of diversified homebuilding firms.
len_segment_texas_interest_expenseHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $28.76M | $29.44M | $29.75M | $13.97M |
| YoY Change | — | +2.4% | +1.1% | -53.1% |
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Frequently Asked Questions
- What is Lennar's texas — interest expense:?
- Lennar (LEN) reported texas — interest expense: of $3.49M in Q3 2024.
- How has Lennar's texas — interest expense: changed year-over-year?
- Lennar's texas — interest expense: decreased by 53.1% year-over-year, from $7.44M to $3.49M.
- What is the long-term trend for Lennar's texas — interest expense:?
- Over 3 years (2021 to 2024), Lennar's texas — interest expense: has grown at a -21.4% compound annual growth rate (CAGR), from $28.76M to $13.97M.
- What does texas — interest expense: mean?
- The total interest costs associated with debt used to fund operations in a specific geographic region.